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. early last year mr. quinn floated the idea that the federal government could bail out, that is the federal government, you, could bail out his state's pension program if illinois' finances took a turn for the worse. critics are pouncing saying states cannot give away big benefit packages and then expect the federal taxpayer to come to the rescue. "the chicago tribune" says the stampede of other states with pension red ink could lead to a federal taxpayer bill of over $2 trillion. that's with a t, and let me tell you, folks, that's just one estimate. others put it between 1 trillion and 25 trillion that we could potentially get to. lou dobbs is host of "lou dobbs tonight" on the fox business network, he's also a syndicated radio host. so governor quinn in illinois can't figure out how to get himself out of these pensions that they've overpromised and feel like they're going to have to underdeliver on, and he's considering making the rest of us pay for them? [laughter] >> he's considering, he's hoping, he's begging, he's wishing. the fact of the matter is governor quinn
. >> well, i felt for governor romney the moment he used the line trickle down government. that's a phrase hadn't used before. you saw instantly people started retweeting it and picking up on it legitimate break through moment in describing the president's philosophy and even this next day governor romney started using that on his speech. >> interesting. nick, let's play it for viewers in case they missed it. >> the president has a view s.e. very similar to the view he had four years ago that a bigger government, spending more, taxing more, regulating more, if you will, trickle down government would work. that's not the right answer for america. >> you like that because it's a catchy phrase? >> no. it's more than just a catchy phrase though. that's more than a scripted line. in a nutshell it synopsized how governor romney feels about the president's philosophy on government. the fact that he used it the next day in his stump speech and probably use it going forward means it has resonance and catching on with the base. >> nic, you are presidential historian, how do you describe his lacklust
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